Australia’s economy ‘not behaving’ as country is ‘used to’ 

I was Paying 17.5% Interest back in 1990 Under another Useless, Incompetent 'Labor' Grubberment ! It's History

They aren’t the worst government in Australia’s history for nothing.

So making banks rich and families lose their over priced houses is going to solve the problem ?????

Inflation is much higher than the government is reporting ( as we all know) and it’s going much higher, there is no coming back to 3% not unless they raise rates to 20% which will destroy the economy. The RBA is out of tools, the government is full of tools, but unfortunately none of them are of any use to the RBA. If you want to know where inflation is headed just look at the trajectory of the Australian M1 M2 & M3 money supply, the cost of goods going up is the consequence of the purchasing power of the currency going down “ why” because governments “ Inflate “ the money supply with their reckless borrowing & spending “ hence Inflation “

Remember the RBA's Michele Bullock was Albozzo's Pick ?

Jacinta Allen in Victoria putting or put a tax on rentals so the owner has to pay move tax this will get passed down to the renter.

If you are middle or lower class and still have money, it means inflation hasn't done its job yet. Therefore we still have longer to go.

The RBA is trying to lower inflation,while the government is creating demand with immigration.....the whole thing is deliberate

the rba has chosen the housing market over inflation. just another captured interest at this point.

NOT SINCE CHINESE MONEY LEFT AUSTRALIA, PULLING OUT FROM ONE EXPENSIVE MUFF

Massive tax cut probably translates as 50 bucks more to spend on groceries per annum

Is this due to all Australia's capital being funneled into pushing existing housing prices higher?

We were told our economy was different but here we are part of the world economy and because the RBA was way too slow off the starting blocks, then the dog paddled, helping both the Gov and the Big4 foreign owned banks make massive profits in the Billions. While throwing ordinary Aussies under the Inflation Bus. All their fiddling with the CPI figures has killed us❗

Put rates up in twice succession and kick inflation to the kerb. We need to go through more pain, people need to stop spending. They should have kept the original tax cuts for the few, the revised is just going to heat up the economy and keep inflation boyant. Need to slow immigration and halt government spending. Let’s hope Labor lose next election

West is going down

5:50: Yeah demand is off the scale. The Brisbane economy is absolutely rip roaring! You should see the traffic! And it's all Ford Ranger Raptors!

Government soending like drunken sailor's what could go wrong

A rate hold is as good as hike the compounding effect of higher for longer intensifies

Australia are highjacked by Green and left activist 😂

I remember when Sky was saying that interest rates were too high.

Next week interest rates r heading down

Australia's everything, is not behaving as we're used to. And it's not just an ALP problem.

The policy is high inflation.

Of course things are going to change and change in an unexpected way, As we move from cash to digital fund transfer. Now they have no idea who earns what and who has got their (fingers) in the pie

It wil going worse and worse under labor Labor voters won’t understand under recession middle class and low income families will going poorer and poorer. It doesn’t affect rich class much. The bad news is majority of labor voters are middle class and low income class. They poor they vote labor they getting poorer. They vote labor again. What a great Kama!

Well there is hardly any jobs hauling grain. I’m out of work. So economy doesn’t seem too resilient. You must mean waiting tables and making coffees for boomers right?

****the only comments section in Australia....and its sky news**** whats the world coming to

Can the media perform a breakdown? Yes. Will they? No. Weak as p!ss, Aust media specialist analysts! Remove WA from all of the last 5 years and the next 5 years and RE-COMPUTE!

The Boomers deserve there retirement & if we did not spend the country would be bust!😊

Massive tax cut???

Boomernomics inflate inflate inflate 40 yrs strong